The US Senate has set a Tuesday vote on passage of a $1 trillion bipartisan infrastructure bill that is one of President Joe Biden’s top priorities, and then will immediately begin to debate a more far-reaching $3.5 trillion bill.

US electric vehicle maker Tesla Inc sold 32,968 China-made vehicles in July, including 24,347 for export, the China Passenger Car Association (CPCA) said on Tuesday.

JPMorgan Chase & Co employees in the United States will be required to wear masks in public indoor settings and in common areas within its offices regardless of their vaccination status, the bank told staff in a memo on Friday. 

The US Senate voted to advance a $1 trillion infrastructure package on Saturday but remained on a slow path toward passage with two Republicans openly opposing behind-the-scenes efforts to wrap up work on one of President Joe Biden’s top priorities. 

The economic boost from an expected $1 trillion infrastructure bill working its way through the US Senate has helped push Wall Street stocks near record levels, but some investors are concerned that the next two months in Washington could be rocky.

Amazon will require all of its US employees to wear a mask at work regardless of their vaccination status.

US employers hired the most workers in nearly a year in July and continued to raise wages, giving the economy a powerful boost as it started the second half of what many economists believe will be the best year for growth in almost four decades. 

US President Joe Biden was scheduled to sign an executive order on Thursday setting a target to make half of all new vehicles sold in 2030 zero-emissions vehicles and propose new vehicle emissions rules to cut pollution through 2026, the White House said.

US crude oil stockpiles rose, while gasoline inventories fell, in a signal of steady demand for fuel, the Energy Information Administration said on Wednesday. Crude inventories rose by 3.6 million barrels in the week to July 30 to 439.2 million barrels, compared with analysts’ expectations in a Reuters poll for a 3.1 million-barrel drop.

Tesla Inc chair Robyn Denholm sold more than $22 million worth of shares in the electric-car maker after exercising stock options, according to a filing with the US Securities and Exchange Commission (SEC).

Uber on Wednesday reported a profit in second quarter on one-time gains and  said its pandemic-stalled ride-hailing business was showing signs of  recovering.

After recovering strongly as widespread vaccinations allowed for an easing of pandemic restrictions, hiring by American firms slowed sharply in July, raising fears the US recovery may be running out of steam amid increasing Covid-19 infections.

The coronavirus pandemic may have pushed the United States into a volatile era of stronger growth and better productivity, but higher interest rates and faster inflation as well, St. Louis Federal Reserve president James Bullard said, elaborating on why he thinks the U.S. central bank should end its crisis-era policies. 

The board of governors of the International Monetary Fund on Monday greenlit increasing the institution’s lending capacity by $650 billion, the last step in approving an initiative to boost aid to the most vulnerable countries. 

Despite complaints from US employers that workers are hard to find, there are almost 10 million people who are unemployed and more sitting on the sidelines of the labor market, said San Francisco Federal Reserve President Mary Daly, who expects many or most of them to return to work as the economy recovers. 

China’s government quietly issued new procurement guidelines in May that require up to 100% local content on hundreds of items including X-ray machines and magnetic resonance imaging equipment, erecting fresh barriers for foreign suppliers, three US-based sources told Reuters. 

Much stronger-than-expected profit reports from US companies in recent weeks have ratcheted up already high Wall Street forecasts on how second-quarter earnings growth will look versus last year.

US senators introduced a sweeping $1-trillion bipartisan plan to invest in roads, bridges, ports, high-speed internet and other infrastructure, with some predicting the chamber could pass this week the largest public works legislation in decades.

Oil prices edged higher on Friday, with global benchmark Brent posting a fourth monthly gain, with demand growing faster than supply and vaccinations expected to alleviate the impact of a resurgence in Covid-19 infections across the world. 

Major stock markets pulled back Friday as worries about the Delta variant of Covid-19 and profit taking offset another round of mostly strong corporate earnings.